Monday, March 4th, 2024

News Author: CreditCardsLab

FTC Warns of Prepaid Card Scams

There’s yet another way scammers are looking to assist you in parting ways with your money. This time, it involves prepaid debit cards. The FTC lays out new rules and needs your comments.

What Are Parent PLUS Loans?


Be careful if you’re considering the Parent PLUS government student loan product. It’s a tough avenue to take and can haunt you forever.

Unemployment Filings Up by 2,000


It just wouldn’t be American politics if the dems and pubs didn’t bicker on the latest job numbers. In a tough economy, though, there are some saying a 2,000 increase in unemployment filings isn’t a bad thing.

In an Election Year, CARD Act Crucial


In a tough election year, many are wondering why the president isn’t touting the massive overhaul and the introduction of the successful CFPB in his campaign.

AMEX to Begin Issuing Secure Chip Cards


American Express announced last week it would begin issuing new technology that equates to safer secure chip cards. The challenge now is getting merchants on board.

FDIC Investigating Banks Offering Payday Loans


Payday loan companies are known for outrageous interest rates; now, banks are hoping to cash in by offering customers similar products.

Europe to Blame for Weak U.S. Job Growth?


President Obama spoke to folks in Chicago and Minneapolis this week, but is it Europe’s fault that job growth is weak in the U.S?

Dimon Will Testify in Senate on Massive Loss


JPMorgan Chase CEO, Jamie Dimon, has agreed to testify in June before the Senate. He’s expected to explain the massive $2 billion loss.